Pratt Area Community Council Inc, operating under the name Impacct Brooklyn, is located in Broooklyn, NY. The organization was established in 1983. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Impacct Brooklyn employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impacct Brooklyn is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Impacct Brooklyn generated $5.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $4.7m during the year ending 06/2021. While expenses have increased by 2.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AFFORDABLE HOUSING, COMMUNITY AND ECONOMIC DEVELOPMENT.
Describe the Organization's Program Activity:
IMPACCT BROOKLYN DEVELOPS, OWNS AND OPERATES SUPPORTIVE HOUSING, EXTENDS AFFORDABLE HOUSING, MENTAL HEALTH COUNSELING AND OTHER PROGRAMS AND SERVICES THAT IMPROVE THE WELL-BEING OF VULNERABLE AND/OR FORMERLY INDIVIDUALS LIVING WITH HOMELESSNESS. THIS IS A GROWTH AREA FOR IMPACCT BROOKLYN. IMPACCT BROOKLYN PROVIDES DIRECT SUPPORTIVE HOUSING SERVICES AT OUR GIBB MANSION RESIDENCE. THIS 71-UNIT FACILITY HOUSES CHRONICALLY ILL AND LOW INCOME INDIVIDUALS. WE PROVIDE RESPONSIVE AND COMPASSIONATE CARE TO THE RESIDENTS WHO CALL IT HOME. ON STAFF ARE THREE SOCIAL WORKERS, TWO CASE WORKERS, A RESIDENT MANAGER, CHEF AND KITCHEN ASSISTANT, A SUBSTANCE ABUSE SPECIALIST, AN ACTIVITIES COORDINATOR. RESIDENTS RECEIVE ONE ON ONE COUNSELING EVERY WEEK AND CASE MANAGERS AND SOCIAL WORKERS ARE ALWAYS AVAILABLE TO HELP RESIDENTS WITH HEALTHCARE ISSUES, MONEY MANAGEMENT, AND NECESSARY ADVOCACY AND REFERRALS. GIBB MANSION IS ALWAYS BUSTLING WITH ACTIVITY. RESIDENTS SHARE FIVE FRESH, HOT MEALS PER WEEK, AND THE ACTIVITIES COORDINATOR KEEPS THE SCHEDULE FULL OF CLASSES, OUTINGS, PARTIES AND COMMUNITY EVENTS.THE COMMUNITY AT GIBB MANSION IS THRIVING AS STAFF AND RESIDENTS WORK TOGETHER TO CREATE A POSITIVE, HEALTHY AND EMPOWERING ENVIRONMENT THAT FACILITATES HEALING AND WELLNESS. IN FISCAL 2019 71 INDIVIDUALS WERE HOUSED, 50 CHRONICALLY ILL INDIVIDUALS ARE RECEIVING CASE MANAGEMENT AND COUNSELING. IMPACCT BROOKLYN'S OTHER SUPPORTIVE HOUSING IS FOUND AT 40 VANDERBILT AVENUE, NAVY GREEN. THIS 98-UNIT PERMANENT SUPPORTIVE HOUSING BUILDING IS PART OF A LARGE SCALE RESIDENTIAL COMPLEX NAMED NAVY GREEN WITH 458 UNITS OF MIXED INCOME HOUSING, OPEN GREEN SPACE, RETAIL FACILITY AND COMMUNITY SPACE. THE RESIDENCE IS COMPRISED OF STUDIO APARTMENTS FOR 59 SINGLE ADULTS THAT ARE CHRONICALLY ILL WITH SEVERE AND PERSISTENT MENTAL ILLNESS AND/OR CHEMICAL ADDITION. THE REMAINING 38 UNITS ARE FOR LOW INCOME COMMUNITY RESIDENTS. THERE IS ALSO A LIVE IN SUPERINTENDENT AND 24/7 STAFFED SECURITY ONSITE. SOCIAL SERVICES ARE OFFERED TO ALL RESIDENTS BY BROOKLYN COMMUNITY HOUSING AND SERVICES AND FUNDED THROUGH THE HISTORIC NY/NY III PARTNERSHIP BETWEEN NYC AND NYS THROUGH THE DEPARTMENT OF HEALTH AND MENTAL HYGIENE.
AFFORDABLE HOUSING DEVELOPMENT WORKS WITH COMMUNITY MEMBERS, GOVERNMENT OFFICIALS AND AGENCIES, FINANCIAL INSTITUTIONS AND DEVELOPERS TO BUILD AND PRESERVE AFFORDABLE AND SUPPORTIVE HOUSING UNITS FOR VERY LOW TO MODERATE INCOME HOUSEHOLDS. AS PART OF THE ORGANIZATIONS MISSION OF ENSURING THE LONG TERM AFFORDABILITY OF HOUSING FOR LOW INCOME RESIDENTS. IMPACCT BROOKLYN HAS COMMITTED 143 UNITS TO THE JOINT OWNERSHIP ENTITY (THE JOENY) AS PART OF A JOINT VENTURE WITH BRIDGE STREET LOCAL DEVELOPMENT, SNA, AND BEDFORD STUYVESANT RESTORATION CORPORATION TO PRESERVE OVER 500 UNITS OF AFFORDABLE HOUSING. WE HAVE A PIPELINE OF AFFORDABLE HOUSING PROJECTS THAT INCLUDE MISSION / FAITH BASED DEVELOPMENT. WORKING WITH THE NORTH EAST CONFERENCE OF SEVENTH DAY ADVENTIST WE ARE CREATING SENIOR HOUSING. WORKING WITH THE CITY OF NY AND NEW YORK STATE WE WILL BE BUILDING ANOTHER SUPPORTIVE HOUSING FACILITY FOR SENIORS LIVING WITH CHRONIC MENTAL ILLNESS LOCATED IN BEDFORD STUYVESANT, BROOKLYN.
OUR ECONOMIC DEVELOPMENT UNIT SERVES THE SMALL BUSINESS COMMUNITY. OUR SIGNATURE PROGRAM "ROLLING UP THE GATES" HELPS BUSINESSES IDENTIFY AFFORDABLE RETAIL LOCATIONS AND EDUCATES SMALL BUSINESS ON THE VAGARIES OF OPERATING A RETAIL LOCATION. IMPACCT BROOKLYN ALSO SERVES ON THE BOARD OF THE MARP AND FULTON STREET BUSINESS IMPROVEMENT DISTRICTS. FOR OVER 15 YEARS WE HAVE ENJOYED A RELATIONSHIP WITH THE LAW FIRM STROOCK. STROOCK PROVIDES PRO-BONO LEGAL SERVICES TO SMALL BUSINESSES THAT IMPACCT BROOKLYN COUNSELS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bernell Grier Executive Director | Officer | 35 | $149,143 |
Robert Jefferson Housing Development Director | 35 | $100,461 | |
Rudo Raymo Comptroller | Officer | 35 | $50,048 |
David Hanzel Board Chair | OfficerTrustee | 1 | $0 |
Jim Baek Treasurer | OfficerTrustee | 0.5 | $0 |
Sean Thomas Sullivan Outgoing Secretary | OfficerTrustee | 0.5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Winfield Security Corp Security Services | 6/29/21 | $200,700 |
Bates Consulting Group Consulting | 6/29/21 | $176,640 |
Mission Leads Inc Resource Development+fundraising Consult | 6/29/21 | $126,820 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,819,682 |
All other contributions, gifts, grants, and similar amounts not included above | $886,183 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,705,865 |
Total Program Service Revenue | $2,965,766 |
Investment income | $4,570 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $390,400 |
Net Gain/Loss on Asset Sales | -$634,531 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,512,215 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $260,754 |
Compensation of current officers, directors, key employees. | $55,846 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,765,327 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $238,415 |
Payroll taxes | $143,433 |
Fees for services: Management | $0 |
Fees for services: Legal | $99,798 |
Fees for services: Accounting | $61,647 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $126,820 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $491,039 |
Advertising and promotion | $21,568 |
Office expenses | $74,264 |
Information technology | $27,609 |
Royalties | $0 |
Occupancy | $421,936 |
Travel | $9,880 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $11,033 |
Interest | $33,806 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $90,317 |
Insurance | $63,137 |
All other expenses | $30,882 |
Total functional expenses | $4,693,409 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,449,488 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $1,385,915 |
Accounts receivable, net | $372,661 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $22,212 |
Net Land, buildings, and equipment | $525,271 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,811,984 |
Total assets | $10,567,531 |
Accounts payable and accrued expenses | $825,519 |
Grants payable | $0 |
Deferred revenue | $730,765 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $151,877 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,474,576 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,577,548 |
Total liabilities | $4,760,285 |
Net assets without donor restrictions | $5,805,376 |
Net assets with donor restrictions | $1,870 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $10,567,531 |
Over the last fiscal year, we have identified 1 grants that Pratt Area Community Council Inc has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
New York Building Foundation Inc New York, NY | | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Womens Housing And Economic Development Corporation Bronx, NY | $29,527,353 | $27,859,543 |
Joint Ownership Entity New York City Corp New York, NY | $155,995,039 | $17,434,025 |
Breaking Ground Housing Development Fund Corporation New York, NY | $193,138,085 | $25,961,669 |
Highland Park Community Development Corporation Brooklyn, NY | $3,265,910 | $15,414,103 |
Centerboard Inc Lynn, MA | $21,186,335 | $15,673,773 |
Beyond Owners Group Inc Willow Street, PA | $131,731,512 | $8,827,345 |
Springpoint Senior Living Inc Cherry Hill, NJ | $72,542,176 | $10,591,630 |
Interstate I Affordable Housing Inc New York, NY | $783,725 | $8,991,908 |
Ascendant Neighborhood Development Corporation New York, NY | $39,528,943 | $4,446,577 |
University Properties Inc East Stroudsburg, PA | $58,514,914 | $5,926,957 |
Michaels Community Services Corporation Camden, NJ | $48,473,807 | $8,637,574 |
Rebuilding Together Pittsburgh Pittsburgh, PA | $2,584,527 | $5,910,311 |